Basf (BAS) Given a €90.10 Price Target at Commerzbank

Commerzbank set a €90.10 ($111.23) price objective on Basf (ETR:BAS) in a report published on Thursday morning. The brokerage currently has a buy rating on the basic materials company’s stock.

A number of other equities analysts have also recently commented on the company. Baader Bank set a €100.00 ($123.46) price target on Basf and gave the stock a buy rating in a research note on Friday, December 8th. UBS set a €99.00 ($122.22) price target on Basf and gave the stock a neutral rating in a research note on Thursday, December 7th. Morgan Stanley set a €88.00 ($108.64) price target on Basf and gave the stock a neutral rating in a research note on Wednesday, December 20th. DZ Bank reaffirmed a buy rating on shares of Basf in a research note on Monday, December 11th. Finally, Warburg Research set a €111.00 ($137.04) price target on Basf and gave the stock a buy rating in a research note on Monday, December 11th. One analyst has rated the stock with a sell rating, eleven have assigned a hold rating and thirteen have given a buy rating to the company. Basf presently has an average rating of Hold and a consensus price target of €97.63 ($120.53).

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Shares of Basf stock opened at €82.47 ($101.81) on Thursday. Basf has a one year low of €78.97 ($97.49) and a one year high of €98.70 ($121.85).

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About Basf

BASF SE operates as a chemical company worldwide. It operates through five segments: Chemicals, Performance Products, Functional Materials & Solutions, Agricultural Solutions, and Oil & Gas. The Chemicals segment offers solvents, plasticizers, monomers, and glues, as well as raw materials for detergents, plastics, textile fibers, paints and coatings, crop protection products, and medicines.

Analyst Recommendations for Basf (ETR:BAS)

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